Greek owner Diana Shipping has fixed kamsarmax bulker Myrto and capesize Santa Barbara to new time charter contracts with Cargill.
Cargill is taking the 2013-built kamsarmax Myrto on a new 13-15 month charter, commencing April 24, at $14,000 per day. The company was previously paying $8,000 per day for the vessel.
The charter for 2015-built capesize Santa Barbara has been extended for a period of 18-19 months, also commencing April 24, at a rate of $20,250 per day. The vessel was previously fetching just $12,000 per day.
Diana Shipping says the two charters are expected to generate around $16.09m based on the minimum time charter periods.